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Fly News Breaks for March 27, 2017
IPXL
Mar 27, 2017 | 10:28 EDT
BTIG analyst Timothy Chiang called Impax Laboratories' (IPXL) hiring of Paul Bisaro as the company's new President and CEO a major positive. Bisaro, who previously served as Executive Chairman of Allergan (AGN), President and CEO of Actavis, has demonstrated a solid track record of execution said Chiang, who raised his price target on Impax shares to $16 from $13 and keeps a Buy rating on the stock, which is up over 21% to $11.26 this morning.
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